Where Could You Have Hidden From Today’s Widespread Decline?

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Not too many places, as you can see at a glance: Today, as usual, most markets were highly correlated. (Source: Barchart.com) But a big tip of the cap to gold and silver, which each put in strong days – gold set a new all-time intraday high near open, while silver closed at a 31-year high. […]

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A scary week in the markets – for once!  Was this week a mere head fake in the markets’ endless climb to the sky – or a warning shot across the bow? —- A Warning Shot for Investors? Being Street Smart Sy Harding February 25, 2011 Many important global stock markets, including China, Brazil, India […]

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When the talking heads on CNBC say that stocks reasonably valued today, I have no clue what they are talking about. At least I’m in good company, as neither does the indomitable John Hussman – he writes: Last week, the S&P 500 Index ascended to a Shiller P/E in excess of 24 (this “cyclically-adjusted P/E” or […]

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